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Calidi Biotherapeutics Receives Positive Pre-IND Feedback from US FDA for CLD-401 Indicating Agreement on its Current Development Strategy as it Advances Towards a First-in-Human Study

(Positive)
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Calidi Biotherapeutics (NYSE American: CLDI) reported positive pre-IND feedback from the US FDA for its oncolytic virus candidate CLD-401, providing alignment on IND-enabling preclinical plans and first-in-human trial design.

According to Calidi, IND submission is targeted by end of 2026, with Phase 1 initiation in early 2027 and potential parallel regulatory filing in Australia.

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AI-generated analysis. How Rhea-AI works. Not financial advice.

Positive

  • FDA pre-IND alignment on CLD-401 CMC and non-clinical programs
  • FDA feedback on overall design of first-in-human CLD-401 study
  • IND submission for CLD-401 targeted by end of 2026
  • First-in-human CLD-401 Phase 1 trial targeted for early 2027
  • Parallel regulatory filing for CLD-401 in Australia under exploration

Negative

  • None.

News Market Reaction – CLDI

-1.91%
9 alerts
-1.91% News Effect
+7.8% Peak Tracked
-5.8% Trough Tracked
-$61K Valuation Impact
$3.13M Market Cap
0.4x Rel. Volume

On the day this news was published, CLDI declined 1.91%, reflecting a mild negative market reaction. Argus tracked a peak move of +7.8% during that session. Argus tracked a trough of -5.8% from its starting point during tracking. Our momentum scanner triggered 9 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $61K from the company's valuation, bringing the market cap to $3.13M at that time.

Data tracked by StockTitan Argus on the day of publication.

What This Means

This announcement details positive pre‑IND feedback from the FDA on CLD‑401, confirming Calidi’s cur...
Analysis

This announcement details positive pre‑IND feedback from the FDA on CLD‑401, confirming Calidi’s current IND‑enabling and Phase 1 strategy and targeting an IND by the end of 2026 with first‑in‑human dosing in early 2027. It extends a series of CLD‑401 and RedTail platform updates following recent conference and abstract acceptances. Investors may monitor future regulatory milestones, clinical data readouts, and balance‑sheet developments to assess how this program’s progress interacts with prior going‑concern disclosures and recent financings.

Key Figures

IND submission timing: End of 2026 First-in-human timing: Early 2027 Phase: Phase 1 +3 more
6 metrics
IND submission timing End of 2026 Targeted IND filing timeline for CLD-401
First-in-human timing Early 2027 Planned start of first-in-human clinical trial for CLD-401
Phase Phase 1 Proposed initial clinical study phase for CLD-401
Interaction type Type B Pre-IND meeting classification with the FDA
Prior interaction type Type D Earlier FDA scientific advice interaction
Cytokine target IL-15 superagonist Immunostimulatory component delivered in situ by CLD-401

Historical Context

5 past events · Latest: Jun 08 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jun 08 Investor webinar Positive -0.6% Announcement of investor webinar reviewing RedTail platform and CLD-401 plans.
May 26 ASCO abstracts Positive +0.8% ASCO online abstract acceptances featuring RedTail platform and CLD-401/CLD-501 data.
May 22 Going-concern note Negative +0.8% Disclosure of going-concern paragraph in 2025 audit under NYSE American rules.
May 14 Q1 2026 earnings Negative -2.3% Q1 2026 loss, limited cash, and updates on CLD-401 and RedTail platform.
May 13 Conference presentation Positive +8.1% ASGCT talk highlighting RedTail platform and new data for CLD-401 and CLD-501.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent history shows stronger positive reactions to scientific/platform visibility (e.g., ASGCT presentation) and mixed reactions around corporate or financing-related disclosures.

Recent Company History

Over the past month, Calidi has repeatedly highlighted its RedTail virotherapy platform and lead candidate CLD-401. A featured ASGCT conference talk on May 13 saw the stock rise 8.11%, while an ASCO abstract acceptance on May 26 coincided with a modest 0.8% gain. In contrast, the Q1 2026 earnings release on May 14 and a required NYSE American going‑concern disclosure produced small, mixed moves. Today’s FDA pre‑IND feedback continues the sequence of CLD‑401 and RedTail‑focused milestones.

Regulatory & Risk Context

Short Interest: 25.67%
Short Interest
25.67% of float
0% 15% 30%+
high as of 2026-05-29 Days to cover: 1

Key Terms

pre-ind, u.s. food and drug administration (fda), phase 1, oncolytic virus, +3 more
7 terms
pre-ind regulatory
"it has received pre-IND regulatory feedback from the U.S. Food and Drug Administration"
"Pre-ind" is short for "pre-indication" and refers to the period before a formal announcement or official signal that a significant change or event is about to happen, such as a company preparing to release important news. For investors, it can signal a time of increased activity or uncertainty, as market participants try to interpret hints and anticipate future developments. Recognizing pre-ind conditions helps investors make more informed decisions ahead of major shifts.
u.s. food and drug administration (fda) regulatory
"pre-IND regulatory feedback from the U.S. Food and Drug Administration (FDA)"
The U.S. Food and Drug Administration (FDA) is a government agency responsible for protecting public health by ensuring the safety and effectiveness of food, medicines, vaccines, and other health-related products. For investors, the FDA’s decisions can significantly impact companies in the healthcare and food industries, as approval or rejection of products can influence a company's success and stock performance.
phase 1 medical
"advancing the drug candidate into Phase 1 clinical studies"
Phase 1 is the first stage of testing a new drug or medical treatment in people, focused primarily on safety, how the body handles the product, and finding a tolerated dose. Think of it as a short, tightly controlled experiment with a small group to check for dangerous side effects before wider testing; for investors it is an early milestone that reduces some uncertainty but still carries high risk and potential for both big value changes and setbacks.
oncolytic virus medical
"a potentially ground-breaking oncolytic virus with in situ delivery of an IL-15 superagonist"
A virus engineered or selected to infect and destroy cancer cells while leaving healthy tissue largely unharmed, often acting like a guided missile that also alerts the immune system to attack tumors. It matters to investors because oncolytic viruses represent a potential new class of cancer treatments that can command large markets if proven safe and effective, but development is costly and outcome-driven, carrying high regulatory and clinical risk.
il-15 superagonist medical
"oncolytic virus with in situ delivery of an IL-15 superagonist"
An IL-15 superagonist is a lab-engineered therapy that boosts the activity of IL-15, a natural immune signaling protein, effectively stepping on the accelerator for disease-fighting immune cells like natural killer and T cells. Investors pay attention because these agents can change clinical trial results, safety profiles, and regulatory outcomes; success or failure can significantly affect a biotech’s valuation and the commercial potential of immune-based treatments, like upgrading an engine can alter a car’s market value.
cmc technical
"agreed on key aspects of the CMC and non-clinical programs"
Chemistry, Manufacturing, and Controls (CMC) describes the technical documentation and processes that show how a drug or medical product is made, tested for consistent quality, and kept stable from batch to batch. Investors care because strong CMC means a product can be manufactured reliably at scale and meet regulatory standards—similar to proving a recipe can be cooked the same way in any kitchen before restaurants expand—affecting approval, production costs, and potential revenue.
first-in-human medical
"positions us to initiate our first-in-human clinical trial in early 2027"
A first-in-human study is the initial test of a new drug, medical device, or therapy in people to check safety, side effects and appropriate dosing. It matters to investors because it marks a major development milestone: successful early human testing can reduce scientific and regulatory uncertainty, much like moving a prototype from the workshop to a real-world test drive, and often affects a company’s valuation and funding prospects.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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IND enabling studies with CLD-401 to continue with IND submission targeted by end of 2026 as Calidi continues to explore regulatory filing for CLD-401 in Australia in parallel

SAN DIEGO, June 16, 2026 (GLOBE NEWSWIRE) -- Calidi Biotherapeutics, Inc. (NYSE American: CLDI) (“Calidi” or “the Company”), a biotechnology company pioneering the development of targeted genetic medicines, today announces that it has received pre-IND regulatory feedback from the U.S. Food and Drug Administration (FDA) providing alignment and clarity on Calidi’s IND-enabling preclinical plans and clinical strategy for CLD-401 prior to advancing the drug candidate into Phase 1 clinical studies.

“We thank the FDA for its regulatory feedback, and we believe we are in agreement with the agency on our overall IND strategy for CLD-401,” said Calidi Biotherapeutics Chief Executive Officer Eric Poma, Ph.D. “We look forward to our regulatory submission for CLD-401, a potentially ground-breaking oncolytic virus with in situ delivery of an IL-15 superagonist, which we are targeting by year-end. This positions us to initiate our first-in-human clinical trial in early 2027.”

In the pre-IND meeting, the FDA and Calidi agreed on key aspects of the CMC and non-clinical programs as well as feedback on the overall design for the proposed first-in-human clinical study. This pre-IND (Type B) interaction builds on the engagement and alignment achieved through early scientific advice as part of a Type D interaction with the FDA.

Calidi is committed to rapidly advancing CLD-401 into the clinic, believing that early Phase I data for CLD-401 will validate the Company’s proprietary RedTail platform. The Company continues to expand the functionality of the RedTail platform while actively pursuing strategic partnerships to accelerate clinical development and broaden its impact.

About Calidi 

Calidi Biotherapeutics (NYSE American: CLDI) is a biotechnology company pioneering the development of targeted therapies with the potential to deliver genetic medicines to distal sites of disease. The company’s proprietary RedTail platform features an engineered enveloped oncolytic virus designed for systemic delivery and targeting of metastatic sites. This advanced enveloped technology is intended to shield the virus from immune clearance, allowing virotherapy to effectively reach tumor sites, induce tumor lysis, and deliver potent genetic medicine(s) to metastatic locations.

CLD-401, the lead candidate from the RedTail platform, currently in IND-enabling studies, targets non-small cell lung cancer, head and neck cancer, and other tumor types with high unmet medical need. Calidi continues to advance its pipeline utilizing the RedTail platform including its novel approach to incorporate in situ T-cell engagers in solid tumors.

Calidi Biotherapeutics is headquartered in San Diego, California. For more information, please visit www.calidibio.com or view Calidi’s Corporate Presentation here.

Forward-Looking Statements

This press release may contain forward-looking statements for purposes of the “safe harbor” provisions under the United States Private Securities Litigation Reform Act of 1995. Terms such as “anticipates,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predicts,” “project,” “should,” “towards,” “would” as well as similar terms, are forward-looking in nature, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to, statements concerning key milestones, including certain pre-clinical data, planned clinical trials, and statements relating to the safety and efficacy of Calidi’s therapeutic candidates in development. Any forward-looking statements contained in this discussion are based on Calidi’s current expectations and beliefs concerning future developments and their potential effects and are subject to multiple risks and uncertainties that could cause actual results to differ materially and adversely from those set forth or implied in such forward-looking statements. These risks and uncertainties include, but are not limited to, the risk that Calidi is not able to raise sufficient capital to support its current and anticipated clinical trials, the risk that early results of clinical trials do not necessarily predict final results and that one or more of the clinical outcomes may materially change following more comprehensive review of the data, and as more patient data becomes available, the risk that Calidi may not receive FDA approval for some or all of its therapeutic candidates. Other risks and uncertainties are set forth in the section entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in the Company’s annual report filed with the SEC on Form 10-K on March 27, 2026, as may be amended or supplemented by other reports we file with the SEC from time to time. We disclaim any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events.

For Investors:

IR@calidibio.com

For Media:

PR@calidibio.com


FAQ

What did Calidi Biotherapeutics (CLDI) announce about FDA pre-IND feedback for CLD-401 on June 16, 2026?

Calidi Biotherapeutics announced positive pre-IND feedback from the US FDA for CLD-401, aligning on preclinical plans and clinical strategy. According to Calidi, the agency agreed on key CMC, non-clinical program elements, and the proposed design of the first-in-human clinical study.

When does Calidi Biotherapeutics (CLDI) plan to submit the IND for CLD-401 and start its first-in-human trial?

Calidi plans to submit the IND for CLD-401 by the end of 2026 and initiate a first-in-human trial in early 2027. According to Calidi, ongoing IND-enabling studies will support this timeline as the program advances toward Phase 1 clinical evaluation.

What is CLD-401 in Calidi Biotherapeutics' (CLDI) pipeline and how is it described?

CLD-401 is described as a potentially ground-breaking oncolytic virus delivering an IL-15 superagonist in situ. According to Calidi, early Phase 1 data from CLD-401 are expected to help validate its proprietary RedTail platform and support further clinical development and partnerships.

How does the FDA pre-IND Type B meeting affect CLD-401 development strategy for Calidi Biotherapeutics (CLDI)?

The FDA pre-IND Type B meeting provided alignment and clarity on CLD-401’s IND-enabling and clinical plans. According to Calidi, agreement on CMC, non-clinical programs, and study design supports its current development strategy and helps guide the transition toward a first-in-human trial.

Is Calidi Biotherapeutics (CLDI) pursuing CLD-401 regulatory filings outside the United States, such as in Australia?

Calidi is exploring a regulatory filing for CLD-401 in Australia in parallel with US IND plans. According to Calidi, IND-enabling studies will continue while it evaluates this additional pathway, potentially broadening the geographic scope and speed of future clinical development.

How is CLD-401 linked to Calidi Biotherapeutics' RedTail platform and future clinical plans for CLDI shareholders?

CLD-401 is being developed using Calidi’s proprietary RedTail platform, which the company continues to enhance. According to Calidi, it believes early Phase 1 data from CLD-401 will help validate RedTail and support efforts to secure strategic partnerships to accelerate clinical development.